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New “hotel city” development in Phu Quoc to host APEC 2027

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New “hotel city” development in Phu Quoc to host APEC 2027

The US$2.5 billion project, developed by Sun Group, is expected to be completed by mid-2027.

On 28 January, the Phu Quoc Special Administrative Zone People’s Committee and Sun Group commenced construction of the Bai Dat Do (Ruby Beach) Mixed-Use Urban Area and the Ong Quan Mountain Eco-Tourism Mixed-Use Urban Area.

The new developments are among the 21 approved APEC projects, which will collectively add approximately 12,000 hotel rooms, serviced apartments, shopping centers, and international-standard landscapes.

The Bai Dat Do (Ruby Beach) Mixed-Use Urban Area is a VND 64,000 billion (US$2.5 billion) project spanning 88.4 hectares and developed along the APEC Avenue axis.

The infrastructure is designed to support diplomatic events at APEC 2027 and accommodate between 12,000 and 15,000 international delegates, including dignitaries, corporate leaders, and members of the press.

It will become a coastal “hotel city,” featuring hotels operated by some of the world’s leading hospitality groups, including Marriott, Hilton, and Accor. Beyond hotels, the development will also feature a 136,000 m² shopping center operated by Lotte.

By mid-2027, the property is expected to be completed, featuring nearly 6,500 five-star rooms across 15 high-rise beachfront hotels. It will also include towers of up to 40 stories, integrating luxury hotels, shopping centers, and a seaside plaza.

The development will increase Phu Quoc’s luxury accommodation stock to around 16,500 rooms—nearly double the number of five-star rooms developed over the past 15 years.